ThePackHub’s Post

#### A Call to Action It is imperative that we act decisively to implement this new currency system. Here’s how you can contribute to this initiative: - **Start Collecting**: Begin collecting plastic bottle caps. Encourage your friends and family to do the same. Every cap counts and contributes to a larger movement toward sustainable currency. - **Establish Local Exchanges**: Initiate local exchanges where bottle caps can be traded for goods and services. Set clear guidelines for cap values to maintain consistency and fairness in transactions. - **Educate Others**: Spread the word about the benefits of using plastic bottle caps as currency. The more people understand the advantages, the more likely they are to embrace this change. Use social media, community boards, and local gatherings to share information and encourage participation. - **Advocate for Support**: Engage local businesses and organizations to support this initiative. Encourage them to accept bottle caps as a legitimate form of currency in their transactions. The more widespread the acceptance, the stronger our new economy will become. #### Conclusion The adoption of plastic bottle caps as currency is not just an innovative idea; it is a necessity for our future. By embracing this shift, we can lead the charge toward a more sustainable, equitable, and community-centric economy. This is a call to action that requires your commitment and determination. It is time to stop waiting for change and to become the change we wish to see in the world. Start collecting, start trading, and together, let’s build a new economic foundation based on responsibility, unity, and sustainability. The future is in your hands—literally. Collect those caps and prepare for a revolution!

Plastic Bank works with communities around the world to exchange ocean bound plastic for currency and other benefits. It recently partnered with Avient to supply plastic for luxury caps and closures. https://bit.ly/49hlbEc #Injectionmolding #plasticsindustry #Plasticwaste

Plastic Bank works with communities around the world to exchange ocean bound plastic for currency and other benefits. It recently partnered with Avient to supply plastic for luxury caps and closures. https://bit.ly/49hlbEc #Injectionmolding #plasticsindustry #Plasticwaste

### The Future of Currency: Embracing Plastic Bottle Caps as Our New Standard In a world increasingly burdened by waste and environmental concerns, we must consider innovative solutions that not only address these issues but also revolutionize our approach to currency. It is time for us to adopt plastic bottle caps as a form of currency. This proposal is not merely a suggestion; it is a necessary evolution in our economic system that we must embrace with strict adherence. #### The Argument for Plastic Bottle Caps 1. **Sustainability and Recycling**: Plastic waste is one of the most pressing environmental challenges we face today. By repurposing plastic bottle caps as currency, we can significantly reduce waste and promote a more sustainable economy. Each cap represents a commitment to recycling and responsible consumption. When you choose to use bottle caps as currency, you are actively participating in the reduction of plastic waste. 2. **Accessibility**: Traditional forms of currency can often be inaccessible to many. Plastic bottle caps are ubiquitous and can be collected by anyone, thus democratizing the economy. This model allows even the most economically disadvantaged individuals to participate in trade without the barriers that conventional currency imposes. 3. **Community Engagement**: Using bottle caps as currency fosters community interaction and cooperation. It encourages individuals to work together to collect and exchange caps, creating a sense of unity and shared purpose. Imagine communities coming together to establish their own cap-based economies, promoting local trade and strengthening social bonds. 4. **Regulation and Control**: Implementing a currency based on a tangible, recognizable item such as plastic bottle caps allows for easier regulation. The quantity of caps can be monitored, and their value can be standardized, reducing the volatility often associated with traditional currencies. This stability will create a more predictable economic environment for all participants.

Plastic has long been a cheap commodity, writes PCX Markets CEO Sebastian DiGrande. It’s time to put a new price tag on it- one that reflects its true cost and delivers both immediate and long-term impact. Read the full blog post here 👉 https://lnkd.in/gGwBmXef #PlasticCredits #EndPlasticPollution #CircularEconomy

Please have a read and let's have a conversation about everything we can do together to address the plastic waste crisis. I am excited to be speaking at Techonomy later today as well. PCX. #plasticwaste. #circulareconomy

So has plastic consumption really reduced.

On average, only 9% of plastics generated by various sectors in Canada is recycled. Part of the problem is a lack of consistent terminology and definitions. For example, current definitions of recycling refer to various activities that make up the value chain – from collection, transportation, handling, and storing to dismantling, sorting, separating, shredding, processing, or remanufacturing. It is not clear, though, at which step a product can be considered recycled and what the measurable – and comparable – outcomes of the process are. This leads to #PolicyMakers, manufacturers, and recyclers often using different terminology and adhering to different processes and guidelines. The lack of consistent definitions also means that as regulators and governments start to establish recycling targets and policies to reduce plastic waste, measuring and reporting recycling rates cannot be accurate. For more on the topic, download the CSA Group research report https://bit.ly/3ucPqxn

Starting July 15, 2024, British Columbia has implemented new regulations as part of the CleanBC Plastics Action Plan to reduce single-use plastic waste and protect the environment. These changes mark a significant step towards a cleaner, more sustainable future for all residents. Key Changes: - Plastic Shopping Bags: No longer offered at stores. - Oxo-Degradable Plastics: Banned, including packaging and single-use products that break down into harmful microplastics. - Single-Use Plastics: Phase-out of utensils, food-service accessories, and packaging materials. Phasing out single-use items is part of the broader effort to transition to durable and reusable products, reducing the estimated 340,000 tonnes of plastic waste disposed of in B.C. in 2019. Upcoming Bans: - July 1, 2028: PVC film wrap. - July 1, 2030: Polystyrene foam trays. These regulations are designed to support B.C.’s efforts to prevent plastic waste, keep harmful plastics out of landfills, and extend the life of consumer products. Follow Global Regulatory Insights for updates on environmental policies and practices. #Sustainability #PlasticWaste #CleanBC #EnvironmentalProtection #RegulatoryUpdate #GRI

🌏 Did you read the latest Victorian Government report on recycling rates? 🚮 The current overall plastic recovery rate is currently 19% in #Victoria. This number can be broken up into non-packaging and packaging which account for 66% and 34% respectively. 🚯 The key number for me is that about 28% of consumed plastics remain in use within the plastics sector. ♻ The recovery rates of the main packaging types sits at between 19% and 30%. #PET - 30% #HDPE - 19% 📑 The table below taken from the report outlines each type of plastic, its proportion and % recovery rate. There is a whole lot more that needs to be done in this space and it starts with driving demand on recycled plastics. The more brands that move to include it, the more valuable the waste will become resulting in motivation to recover plastic increasing exponentially! 🚀 #sustainability #circulareconomy #environment #carbonemmisionreduction 📚 Source: https://lnkd.in/gz5fT8uN